Category: Bookmaker

The bookmaker by chris fraser

This book is the hardest to rate to date. Who is this author? Why did he choose Oxford, Mississippi, as the location for all the forces of his story to come together? I want to point out some of the

Researchers work out how to break the bookmakers

Australia’s richest horse race, the Melbourne Cup, held on Tuesday November 7, turns the country into a nation of gamblers – with punters expected to wager more than $140 million on the three-minute event. And as with any and all

Beating the bookmaker with machine learning : machinelearning

Bookmaker odds are such that the bookmaker guarantees themselves a net profit over time assuming that they assessed each player or teams win probabilities correctly. One could use machine learning to attempt to beat the bookmaker, however, one is unlikely

How to read nfl in-play markets and spot bookmaker positions

I spent more time writing this article than any other. There is a lot of information I want to share and stringing it all together is tricky. I love and hate in-play betting markets. The competitive dynamic is fascinating, but

How to find sports bookmakers

There is a range of different sportsbooks to choose from, and it is important to be well-informed on how they work and what they offer to find one that you want to bet with. We have already done the job

How to be a bookmaker?, owning a sportsbook, becoming a bookie tips

When most people think about investing, sports betting is not the first thing that comes to mind. Sports gambling is unpredictable and risky, much like the stock market or currency exchange markets, the biggest difference is that sports is available

How do bookmakers make money – smarkets help centre

A coin toss is a good way to explain bookmaker betting margins. The probability of landing on either side of the coin is 50%, meaning the odds should be priced at 2.0/2.0 on both sides. You bet £100 to win

How bookmakers deal with winning customers – the economist explains

Bookmakers argue that such screening is needed to restrict their involvement with professional gamblers. That in turn allows them to offer better odds to ordinary punters. Critics retort that the net is being cast too widely. Bookies may spend considerable

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